EZCORP, Inc. (NASDAQ:EZPW)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group LLC in a research report issued to clients and investors on Tuesday. They presently have a $12.00 price target on the credit services provider’s stock, up from their prior price target of $10.50. Jefferies Group LLC’s target price points to a potential upside of 21.21% from the company’s current price. Jefferies Group also issued estimates for EZCORP’s Q4 2017 earnings at $0.12 EPS, Q2 2018 earnings at $0.16 EPS, Q4 2018 earnings at $0.18 EPS, Q1 2019 earnings at $0.20 EPS, Q2 2019 earnings at $0.18 EPS, Q3 2019 earnings at $0.17 EPS, Q4 2019 earnings at $0.20 EPS and FY2019 earnings at $0.74 EPS.
A number of other equities research analysts have also commented on the company. Zacks Investment Research lowered EZCORP from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. BidaskClub lowered EZCORP from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Finally, Sidoti initiated coverage on EZCORP in a research report on Thursday, August 10th. They issued a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. EZCORP has an average rating of “Hold” and a consensus price target of $10.00.
EZCORP (NASDAQ:EZPW) opened at 9.90 on Tuesday. EZCORP has a 1-year low of $7.55 and a 1-year high of $12.00. The firm has a 50-day moving average price of $9.44 and a 200 day moving average price of $8.75. The firm has a market cap of $537.53 million, a price-to-earnings ratio of 22.81 and a beta of 1.96.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this news story can be accessed at https://www.com-unik.info/2017/10/12/jefferies-group-llc-reiterates-buy-rating-for-ezcorp-inc-ezpw.html.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Federated Investors Inc. PA grew its position in shares of EZCORP by 59.3% in the 2nd quarter. Federated Investors Inc. PA now owns 218,507 shares of the credit services provider’s stock valued at $1,683,000 after buying an additional 81,356 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in shares of EZCORP in the 2nd quarter valued at about $1,325,000. Rovida Advisors Inc. lifted its stake in shares of EZCORP by 20.8% in the 2nd quarter. Rovida Advisors Inc. now owns 3,075,000 shares of the credit services provider’s stock valued at $23,524,000 after purchasing an additional 528,591 shares during the period. Principal Financial Group Inc. lifted its stake in shares of EZCORP by 4.3% in the 1st quarter. Principal Financial Group Inc. now owns 370,583 shares of the credit services provider’s stock valued at $3,020,000 after purchasing an additional 15,202 shares during the period. Finally, CNA Financial Corp lifted its stake in shares of EZCORP by 79.8% in the 2nd quarter. CNA Financial Corp now owns 73,900 shares of the credit services provider’s stock valued at $569,000 after purchasing an additional 32,800 shares during the period. Hedge funds and other institutional investors own 89.43% of the company’s stock.
EZCORP Company Profile
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
What are top analysts saying about EZCORP Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for EZCORP Inc. and related companies.